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Is there any charge for RuPay debit card?

Is there any charge for RuPay debit card?

Fees and charges for RuPay Platinum Debit Card are applicable to all Axis Bank account holders. RuPay platinum debit card fees are levied on additional cards, issuance, loss of card, replacement of card….Fees & Charges for RuPay Platinum Debit Card.

Card Platform RuPay Platinum
ATM Withdrawal Limit (Per Day) Rs. 40,000

Does RuPay card have annual fee?

PNB Platinum RuPay Card Description: Enjoy convenience features like never before with PNB Platinum Credit card. Key features: No annual and joining fee (if card is used one in a quarter) 300+ reward points on 1st usage.

How many transactions are free in RuPay?

According to the change in regulations from the Reserve Bank of India, customers are now entitled to 3 free ATM transactions each month instead of 5 transactions.

What are the disadvantages of RuPay card?

There are some limitations of using the RuPay card because it provides only debit card for online transactions, whereas Visa or MasterCard provides both the debit and credit card. 6. As, compared to international card, RuPay cards are more secure because its operations are limited within India only.

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Is RuPay free?

RuPay Debit Card is issued free of cost to Jan Dhan Account holders under the Pradhan Mantri Jan-Dhan Yojana (PMJDY) Scheme. – RuPay Debit Card is accepted at all the ATMs, almost all PoS terminals and e-Commerce merchants in the country. A variant of Pre-paid RuPay card has also been launched by IRCTC.

Which is better visa Mastercard or RuPay?

RuPay is a domestic payment network offered by banks and are accepted only in India. These cards have a lower processing fee and faster processing speed as compared to the other international services like Visa/MasterCard. Hence, it is small, but a quick payment network.

How can I pay through RuPay?

Steps to register and activate RuPay debit card online

  1. Select the products that you wish to buy and click on the payment gateway option.
  2. Choose the “pay by debit card” option.
  3. Now, enter the details of your RuPay debit card – the 16-digit card number, the expiry date of the card and the CVV number.